What do you mean by Independent Director?

What do you mean by Independent Director?
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What do you mean by Independent Director?
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Which of the following best describes why publicly-traded corporations follow the practice of having the outside auditor appointed by the board of directors or elected by the stockholders? a. To comply with the regulations of the Accounting Standards Council. b. To emphasize auditor independence from the management of the corporation. c. To encourage a policy of rotation of the independent auditors. d. To provide the corporate owners with an opportunity to voice their opinion concerning the quality of the auditing firm selected by the director

Description : Which of the following best describes why publicly-traded corporations follow the practice of having the outside auditor appointed by the board of directors or elected by the stockholders? a. ... opportunity to voice their opinion concerning the quality of the auditing firm selected by the director

Last Answer : To emphasize auditor independence from the management of the corporation

An audit committee must be comprised of outside directors. Which of the following is considered an outside director? a. A consultant to the company. b. A member of company management. c. The company's independent auditor. d. A retired executive from another company

Description : An audit committee must be comprised of outside directors. Which of the following is considered an outside director? a. A consultant to the company. b. A member of company management. c. The company's independent auditor. d. A retired executive from another company

Last Answer : A retired executive from another company

An independent director is one who: A. Did not attend a school supported by the company. B. Does not have outside relationships with other directors. C. Does not have any other relationships with the company other than his or her D. directorship. E. All of the above

Description : An independent director is one who: A. Did not attend a school supported by the company. B. Does not have outside relationships with other directors. C. Does not have any other relationships with the company other than his or her D. directorship. E. All of the above

Last Answer : C. Does not have any other relationships with the company other than his or her

An independent director is one who: A. Did not attend a school supported by the company. B. Does not have outside relationships with other directors. C. Does not have any other relationships with the company other than his or her directorship. D. All of the above.

Description : An independent director is one who: A. Did not attend a school supported by the company. B. Does not have outside relationships with other directors. C. Does not have any other relationships with the company other than his or her directorship. D. All of the above.

Last Answer : C. Does not have any other relationships with the company other than his or her directorship.

What do you mean by Alternate Director?

Description : What do you mean by Alternate Director?

Last Answer : What do you mean by Alternate Director?

What do you mean by Nominee Director?

Description : What do you mean by Nominee Director?

Last Answer : What do you mean by Nominee Director?

What do you mean by DGTD ? A. Director General of Trade Development B. Director General of Total Development C. Director General of Technical Development D. None of these

Description : What do you mean by DGTD ? A. Director General of Trade Development B. Director General of Total Development C. Director General of Technical Development D. None of these

Last Answer : C. Director General of Technical Development